Report Detail
Global Niacin (Vitamin B3) Market Growth 2019-2024
- RnM2906346 |
- 08 February, 2019 |
- Global |
- 134 Pages |
- LPI(LP Information) |
- Pharma & Healthcare
Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.
In 2017, the global Niacin market is led by China, capturing about 46.69% of global Niacin production. India is the second-largest region-wise market with 22.66% global production share.
Lonza is the world leader, holding 46.38% production market share in 2017. Lonza's main markets are China and Europe. Vertellus is the only producer in the United States. At present, Vertellus Europe's production capacity has been transferred to China. In 2014, Lonza built a new 15,000 production line in China. At the same time, Lonza shut down the oldest production line (5000 ton production line in 1995) due to environmental stress.
China was the largest consumption market for Niacin, with volume exceeding 23186 MT in 2017. In addition, Asia Pacific is also expected to witness fastest growth.
In application, Niacin downstream is wide and recently Niacin has acquired increasing significance in various fields of Feed Additives, Pharmaceuticals and Cosmetics and Food and Beverage. Globally, the Niacin market is mainly driven by growing demand for Feed Additives which accounts for nearly 77.65% of total downstream consumption of Niacin in global. In type, Niacin can be divided into feed grade and Pharmaceutical Grade. Feed grade is the largest type, holding about 93.29% share.
According to this study, over the next five years the Niacin (Vitamin B3) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Niacin (Vitamin B3) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Niacin (Vitamin B3) market by product type, application, key manufacturers and key regions and countries.
This study considers the Niacin (Vitamin B3) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pharmaceutical Grade
Feed Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Niacin (Vitamin B3) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Niacin (Vitamin B3) market by identifying its various subsegments.
Focuses on the key global Niacin (Vitamin B3) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Niacin (Vitamin B3) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Niacin (Vitamin B3) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Niacin (Vitamin B3) Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Niacin (Vitamin B3) Consumption 2014-2024
- 2.1.2 Niacin (Vitamin B3) Consumption CAGR by Region
- 2.2 Niacin (Vitamin B3) Segment by Type
- 2.2.1 Pharmaceutical Grade
- 2.2.2 Feed Grade
- 2.3 Niacin (Vitamin B3) Consumption by Type
- 2.3.1 Global Niacin (Vitamin B3) Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Niacin (Vitamin B3) Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Niacin (Vitamin B3) Sale Price by Type (2014-2019)
- 2.4 Niacin (Vitamin B3) Segment by Application
- 2.4.1 Feed Additives
- 2.4.2 Food and Drinks Industry
- 2.4.3 Pharmaceutical Industry
- 2.4.4 Daily Chemicals
- 2.5 Niacin (Vitamin B3) Consumption by Application
- 2.5.1 Global Niacin (Vitamin B3) Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Niacin (Vitamin B3) Value and Market Share by Application (2014-2019)
- 2.5.3 Global Niacin (Vitamin B3) Sale Price by Application (2014-2019)
3 Global Niacin (Vitamin B3) by Players
- 3.1 Global Niacin (Vitamin B3) Sales Market Share by Players
- 3.1.1 Global Niacin (Vitamin B3) Sales by Players (2017-2019)
- 3.1.2 Global Niacin (Vitamin B3) Sales Market Share by Players (2017-2019)
- 3.2 Global Niacin (Vitamin B3) Revenue Market Share by Players
- 3.2.1 Global Niacin (Vitamin B3) Revenue by Players (2017-2019)
- 3.2.2 Global Niacin (Vitamin B3) Revenue Market Share by Players (2017-2019)
- 3.3 Global Niacin (Vitamin B3) Sale Price by Players
- 3.4 Global Niacin (Vitamin B3) Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Niacin (Vitamin B3) Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Niacin (Vitamin B3) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Niacin (Vitamin B3) by Regions
- 4.1 Niacin (Vitamin B3) by Regions
- 4.1.1 Global Niacin (Vitamin B3) Consumption by Regions
- 4.1.2 Global Niacin (Vitamin B3) Value by Regions
- 4.2 Americas Niacin (Vitamin B3) Consumption Growth
- 4.3 APAC Niacin (Vitamin B3) Consumption Growth
- 4.4 Europe Niacin (Vitamin B3) Consumption Growth
- 4.5 Middle East & Africa Niacin (Vitamin B3) Consumption Growth
5 Americas
- 5.1 Americas Niacin (Vitamin B3) Consumption by Countries
- 5.1.1 Americas Niacin (Vitamin B3) Consumption by Countries (2014-2019)
- 5.1.2 Americas Niacin (Vitamin B3) Value by Countries (2014-2019)
- 5.2 Americas Niacin (Vitamin B3) Consumption by Type
- 5.3 Americas Niacin (Vitamin B3) Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Niacin (Vitamin B3) Consumption by Countries
- 6.1.1 APAC Niacin (Vitamin B3) Consumption by Countries (2014-2019)
- 6.1.2 APAC Niacin (Vitamin B3) Value by Countries (2014-2019)
- 6.2 APAC Niacin (Vitamin B3) Consumption by Type
- 6.3 APAC Niacin (Vitamin B3) Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Niacin (Vitamin B3) by Countries
- 7.1.1 Europe Niacin (Vitamin B3) Consumption by Countries (2014-2019)
- 7.1.2 Europe Niacin (Vitamin B3) Value by Countries (2014-2019)
- 7.2 Europe Niacin (Vitamin B3) Consumption by Type
- 7.3 Europe Niacin (Vitamin B3) Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Niacin (Vitamin B3) by Countries
- 8.1.1 Middle East & Africa Niacin (Vitamin B3) Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Niacin (Vitamin B3) Value by Countries (2014-2019)
- 8.2 Middle East & Africa Niacin (Vitamin B3) Consumption by Type
- 8.3 Middle East & Africa Niacin (Vitamin B3) Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Niacin (Vitamin B3) Distributors
- 10.3 Niacin (Vitamin B3) Customer
11 Global Niacin (Vitamin B3) Market Forecast
- 11.1 Global Niacin (Vitamin B3) Consumption Forecast (2019-2024)
- 11.2 Global Niacin (Vitamin B3) Forecast by Regions
- 11.2.1 Global Niacin (Vitamin B3) Forecast by Regions (2019-2024)
- 11.2.2 Global Niacin (Vitamin B3) Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Niacin (Vitamin B3) Forecast by Type
- 11.8 Global Niacin (Vitamin B3) Forecast by Application
12 Key Players Analysis
- 12.1 Lonza
- 12.1.1 Company Details
- 12.1.2 Niacin (Vitamin B3) Product Offered
- 12.1.3 Lonza Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Lonza News
- 12.2 Jubilant Life Sciences
- 12.2.1 Company Details
- 12.2.2 Niacin (Vitamin B3) Product Offered
- 12.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Jubilant Life Sciences News
- 12.3 Vertellus
- 12.3.1 Company Details
- 12.3.2 Niacin (Vitamin B3) Product Offered
- 12.3.3 Vertellus Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Vertellus News
- 12.4 Brother Enterprises
- 12.4.1 Company Details
- 12.4.2 Niacin (Vitamin B3) Product Offered
- 12.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Brother Enterprises News
- 12.5 Zhejiang Lanbo Biotechnology
- 12.5.1 Company Details
- 12.5.2 Niacin (Vitamin B3) Product Offered
- 12.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Zhejiang Lanbo Biotechnology News
- 12.6 Lasons India
- 12.6.1 Company Details
- 12.6.2 Niacin (Vitamin B3) Product Offered
- 12.6.3 Lasons India Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Lasons India News
- 12.7 Vanetta
- 12.7.1 Company Details
- 12.7.2 Niacin (Vitamin B3) Product Offered
- 12.7.3 Vanetta Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Vanetta News
- 12.8 DSM
- 12.8.1 Company Details
- 12.8.2 Niacin (Vitamin B3) Product Offered
- 12.8.3 DSM Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 DSM News
- 12.9 Tianjin Zhongrui Pharmaceutical
- 12.9.1 Company Details
- 12.9.2 Niacin (Vitamin B3) Product Offered
- 12.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Tianjin Zhongrui Pharmaceutical News
- 12.10 Resonance Specialties
- 12.10.1 Company Details
- 12.10.2 Niacin (Vitamin B3) Product Offered
- 12.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Resonance Specialties News
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Niacin (Vitamin B3) . Industry analysis & Market Report on Niacin (Vitamin B3) is a syndicated market report, published as Global Niacin (Vitamin B3) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Niacin (Vitamin B3) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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